Lithos Group Ltd. announced a non brokered private placement to issue 2,857,143 units at a price of CAD 0.70 per unit for the gross proceeds of CAD 2,000,000.1 on February 26, 2024. Each Unit will consist of one common share and one transferable share purchase warrant with each Warrant will entitle the holder to purchase one additional Share or a period of three years from the closing date at an exercise price of CAD 0.90 per Warrant Share. Insiders of the company may participate in the Offering.

Finder's fees may be payable in connection with the Offering in accordance with the policies of the Cboe. All securities issued in connection with the Offering will be subject to a four month hold from the closing date.